Aleph Blog: Stagflation on the horizon? – The market is responding differently to loose monetary policy than it used to respond. Time to adjust; the illusions of the Fed are finally failing, I think, and markets may be about to discipline them with stagflation.

Investor Place: – Fed lights the fuse on the bond market.– The U.S. Federal Reserve switched gears yet again Wednesday, announcing that it will continue to provide stimulus as long as the unemployment rate stays above 6.5%.

CFA Institute: – Which fixed-income markets are in bubble territory?– In a poll conducted earlier this week in the CFA Institute Financial NewsBrief, we asked readers whether global fixed-income markets are in bubble territory, and if so, which ones are overvalued.

Scott Grannis: – Corporate bonds are moderately attractive.– Over the past four years, corporate bonds have delivered total returns that rival those of equities. The drivers of this spectacular performance were falling yields and lower-than-expected default rates. So is this the end of the greatest corporate bond rally in history?

Herald Online: – The Corporate Bond Market is Undergoing Radical Transformation, Says TABB Research. – The corporate bond market is changing and in far more wholesale a fashion than a mere e-trading trend, says TABB Group in new research. At the very core, banks are re-evaluating their role in a market they’ve dominated, dictated and designed for over 50 years. But today, returns are lower, costs and risks are higher. They are looking at how to realize efficiencies, adopt new business models or exit the industry entirely.

Artemis: – 2012 see’s catastrophe bond market return to growth.– The catastrophe bond market returned to growth on 2012 growing by $2.5 billion, helped by strong issuance resulting in 25 new transactions coming to market. Many of these new deals upsized thanks to the attractive market conditions which were excellent for execution and the increasing interest from capital markets investors.

Money & Markets: – Some smart managers are eschewing bonds altogether. – Investors have relentlessly bid up the price of bonds for 30 years so they’ve reached the point where they’re priced to return less than nothing for the next decade. And still the money rushes in, $28 billion more last month. Clearly, most folks are betting that this tree will reach the sky. But the smart money knows that its not.

CorvetteKid: – 5 conservative bond CEFs for the long run. – Here’s a look at five CEFs that are very appropriate for retirees or conservative investors and are providing nice yields in today’s ultra-low rate environment.

Bondsquawk: – Peabody energy high yield bonds poised to rebound. – details of a High Yield bond issued by coal industry leader, Peabody Energy Corp. This bond offers an investor the opportunity to capture yields along with the potential for price appreciation.

Kiplinger: – The 5 best bond funds for 2013.– Thanks to a 30-year bull market, the environment for investing in bonds today is singularly unattractive. The easy money has been made. To make money in bonds now, you have to choose among several risky options. So here’s a look at 5 bond funds that should provide a decent return in 2013 without being too exposed to rising interest rates.

Barron’s: – Citi on corporate bonds: Bullish for now, until we’re not.– Citi strategists today echo the beleaguered refrain being heard across fixed income markets that bonds are without a doubt a losing bet in the long term, but they could still post another year of gains, so why sell now?